Morningstar

T. Rowe Price Ultra Short-Term Bond Fund TRBUX

Morningstar Medalist Rating
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Medalist Rating as of See T. Rowe Price Investment Hub
  • NAV / 1-Day Return$5.05  /  0.00
  • Fund Size$3.3B
  • Adjusted Expense Ratio0.310%
  • Net Expense Ratio0.310%
  • Fee Level: DistributionBelow Average
  • Share Class TypeNo Load
  • Morningstar CategoryUltrashort Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield4.34%
  • Average Effective Duration0.63 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis TRBUX

Will TRBUX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TRBUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TRBUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TRBUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price Ultra Short-Term Bond holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings TRBUX

More TRBUX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings7.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.375%

1.4746M
Government

T. Rowe Price Gov. Reserve

1.3040M
Cash and Equivalents

Western Midstream Operating

0.9730M
Cash and Equivalents

United States Treasury Notes 3.5%

0.8526M
Government

Federal National Mortgage Association 5.5%

0.8426M
Securitized

Brunswick Corporation 0%

0.8125M
Cash and Equivalents

Credit Agricole S.A. London Branch 5.23%

0.7924M
Corporate

Jabil Inc 0%

0.7924M
Cash and Equivalents

Regal Rexnord Corporation 6.05%

0.7824M
Corporate

Conagra Brands Inc 0%

0.7122M
Cash and Equivalents

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